3008 Pacific Ave - Multi-Family FOR SALE


Venice, CA 90291
$2,250,000 USD
310-453-3341
3008 Pacific Ave, Venice, CA for Sale
$2,250,000 USD
Multi-Family - FOR SALE
1/5
null | 2.52% Cap Rate

3008 Pacific Ave
Venice, CA 90291


OVERVIEW

Huge Price Improvement!! Amazing Owner-User investment opportunity on the cusp of Venice Beach and the Marina Peninsula! One block north from famous Venice Pier and Washington Square. Minutes from the Venice Canals, Abbot Kinney, and Marina del Rey. Large units with outdoor space.This building is the epitome of coastal living, perfect for an Owner-User that wants to live steps from the beach! Ground floor 3-Bedroom, 3-Bathroom unit with private patio. Zoned Triplex but City and Certificate of Occupancy has it as duplex. Ground Floor unit to be delivered vacant. Rent Projected and expenses projected including property tax (based on List Price).

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$647 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,125,000

CAP RATE

2.52%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,656 SF

ZONING

LARD1.5

APN/PARCEL ID

4227-018-028

ASK ABOUT THIS PROPERTY

William DawsonSullivan-Dituri CompanyMore Info
310-453-3341

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William DawsonSullivan-Dituri CompanyMore Info
310-453-3341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.